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Vacant Lot in Albany
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485 Elk Street, Albany, NY 12206

Vacant lot with development potential near Central Avenue.

Property SizeContact for details
Days on Market160

Property Features for 485 Elk Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,623
Listing Agency: CORE REAL ESTATE TEAM
Listed By: JAMES MACDONALD · License #10401378014
Source: Corcoran
Added: Mar 31 Changed: Sep 4 Last Checked: Sep 5 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CORE REAL ESTATE TEAM

Investment Insights

Based on property information with market context.

This vacant lot in Albany presents an opportunity for investors or builders. The property is situated in a convenient location near Central Avenue and major roadways. Potential buyers are advised to verify zoning regulations, available utilities, and permitted uses for the land.

Key Highlights

  • Vacant lot suitable for development.
  • Excellent opportunity for investors or builders.
  • Convenient location near Central Ave.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Vacant lot with development potential near Central Avenue.
Where is this land located?
The property is located at 485 Elk Street Albany, NY.
What are key features of this property?
This property features: Vacant lot suitable for development.; Excellent opportunity for investors or builders.; Convenient location near Central Ave.
More about this property
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